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The Brian Corporation's June 30 adjusted trial balance included many accounts, including the following: Accounts Payable $12,000 Accounts Receivable $18,000 Cash $14,000 Dividends $4,000 Fees
The Brian Corporation's June 30 adjusted trial balance included many accounts, including the following:
Accounts Payable | $12,000 | Accounts Receivable | $18,000 | |
Cash | $14,000 | Dividends | $4,000 | |
Fees Revenue | $93,000 | Income Taxes Expense | $7,000 | |
Income Taxes Payable | $1,700 | Insurance Expense | $12,500 | |
Interest Revenue | $3,000 | Prepaid Insurance | $3,300 | |
Retained Earnings | $44,000 | Supplies | $7,000 | |
Supplies Expense | $6,000 | Unearned Fees | $3,200 | |
Wages Expense | $56,000 | Wages Payable | $2,000 |
Determine the dollar balance in the supplies expense account on the Corporation's June 30 post-closing trial balance.
a. | $0 | |
b. | $6,000 | |
c. | $1,000 | |
d. | $7,000 |
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